Buying and selling Real Estate in Pinellas county, being a Realtor, listing agent or selling agent #7

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Buying and selling Real Estate  in Pinellas county, being a Realtor, listing agent or selling agent. Here is another good one.

Got an offer on a waterfront condo. The offer was straight forward and looked good, except the “property is in a flood zone” addendum was missing. No big deal, we all make little mistakes once in a while. So, I called the buyer’s agent and asked her to just send it over so I could present a whole package to my seller. Her answer was “No, I can not do this, if I have my buyer sign this she will freaked out and we might loose the deal” I was silent for a little while than I asked her “Your buyer has seen the unit right”  Oh yes, she is in love with it because of the beautiful water views”  Now I was silent again. You do not need to be the best Real Estate agent in the world to figure out that “when you can see the water or walk to the water you absolutely WILL need flood insurance” and, what is the big deal? The association has a master policy and the price is included in the monthly maintenance fee. All we need is a signature from the buyer acknowledging that fact that the condo is in a flood zone. I could not make her understand that. Long story short, I had to get her broker involved, who wasn’t really on the same page either, but when I finally said, my seller will not accept the offer if we do not get this addendum, it worked. The next day I got the paperwork from her along with a phone call saying she, her broker and her buyer think that I, the listing agent, have NO clue what I am doing, but they will play along because they want the condo and do not want to make a drama out of it.

I took a deep breath and decided to save myself some time and energy

And simply said WHATEVER, let’s just go to closing.

 

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Buying and selling Real Estate  in Pinellas county, being a Realtor, listing agent or selling agent

 

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